As at 1 May 2026 the VT Esprit FS ICVC will be changing name to VT Shackleton ICVC and the VT Esprit Tactical Alpha Plus Fund will be renamed to the VT Shackleton Adventurous Fund.
There will be other changes to the funds at the time of the name changes. For more information please see the Investor Circular.

The Fund aims to achieve a combination of capital growth and income, net of fees, over a time horizon of six years.

The Fund is actively managed and obtains exposure (directly and/or indirectly) to a diversified range of asset classes including equities (shares), fixed income securities (corporate and government bonds and other debt securities), money market instruments (debt securities with short-term maturities) and cash.

At least 70% of the portfolio will be invested indirectly through other collective investment schemes (which may include those managed or advised by the ACD or the Investment Manager) and/or exchange-traded products (such as exchange traded funds).

Under normal market conditions, it is expected that the Fund’s exposure to equities will typically be between 70% and 90%; and exposure to fixed income, money market instruments and cash will be between 0% and 30% of the portfolio.

The Fund may invest globally without geographic, sectoral or market capitalisation restrictions.

Derivatives and forward transactions (financial instruments linked to the rise and fall of the price of other assets) may be used for efficient portfolio management purposes including hedging (although it is expected that use of derivatives will be limited ).

If you would like to find out more information about the fund please refer to the Factsheet and Prospectus by clicking the following links:

Factsheet

Prospectus

Prior to investing in the funds please read carefully further details by clicking on the following link: Key Investor Information

To apply for an investment directly through Valu-Trac please click on the following link: Application Form

Financial Statements

Investment Manager's Report

Assessment of value statements are published annually for this fund - These reports are useful to give an overview of how the Fund has performed in comparison to industry comparators.

TCFD Reports

Please note: On 1 May 2026 the Fund Name, Investment Policy and Objectives changed for the VT Shackleton Adventurous Fund. The Fund was formerly known as the VT Esprit Tactical Alpha Plus Fund.

The latest net asset value per share is as follows:

Past performance is not necessarily an indication of future results

Questions and Queries

For frequently asked questions or further information about your holdings or this fund please:

Email the Fund Team esprit@valu-trac.com or call us on: 0330 678 4760 and quote the fund name.